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layoffs

Newspaper Publisher McClatchy Cutting 1,600 Jobs

McClatchy Co. is shearing another 1,600 jobs in a cost-cutting spree that has clipped nearly one-third of the newspaper publisher's work force in less than a year. ...more

March 10, 2009

Bookkeeper Accused Of Embezzling $10 Million From Employer

A former bookkeeper embezzled $9.9 million, forcing her company to make layoffs as she bought 400 pairs of shoes that she kept in a room-sized closet decorated with a crystal chandelier and a plasma television, authorities claim. ...more

March 7, 2009

How Will We Know When Economy Bottoms Out?

When will this wretched economy bottom out? The recession is already in its 15th month, making it longer than all but two downturns since World War II. For now, everything seems to be getting worse: The Dow is in free fall, jobs are vanishing every day, and one in eight American homeowners is in foreclosure or behind on payments. ...more

March 7, 2009

Unemployment Tops 8 Percent For First Time Since 1983

WASHINGTON - The nation's unemployment rate bolted to 8.1 percent in February, the highest since late 1983, as cost-cutting employers slashed 651,000 jobs amid a deepening recession. ...more

March 6, 2009

HSBC to close six area HFC, Beneficial offices

HSBC Finance Corp., a unit of banking giant HSBC Holdings plc, will shut six Suncoast lending offices, including one in West Pasco, as it pulls out of the U.S. consumer lending business. ...more

March 6, 2009

6 HSBC Branches Closing In Bay Area

HSBC Finance Corp., a unit of banking giant HSBC, will shut six Bay area lending offices as it pulls out of the U.S. consumer lending business. ...more

March 3, 2009

Societal Shift Grinds Down Newspapers

Life has taught me that change and unpredictability are consistently predictable. I, like everybody else, have gone through a constant string of transitions. These transitions are rarely easy and sometimes painful. This churn is not limited to our personal lives. ...more

March 3, 2009

HSBC Closing 6 HFC, Beneficial Offices In Bay Area

HSBC Finance Corp., a unit of banking giant HSBC, will shut six Bay area lending offices as it pulls out of the U.S. consumer lending business. ...more

March 2, 2009

Gliding Along A New Path After Job Loss

Geoff Karlavage's plane had just touched down in Las Vegas in August 2007 when he learned that the mortgage lender he worked for was shutting down. ...more

March 1, 2009